Royal Kuhio #2108 | 2240 Kuhio Ave #2108

Asking Price: $248,888
Beds: 1
Baths: 1
Living: 538 ft²
Tenure:Leasehold ?
Leasehold Expiry: 12/31/41
Lease Rent: $ 407 / month
Fee Purchase: Not available
Balcony: 58 ft²
Built: 1976
Parking: 1
Maint. (HOA) Fees: $999 / month
Property Taxes: $363 / month
Est. Mortgage: 0 $1,226 / mo - adjust loan
Time Listed for Sale: 2 days
Status: Active
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2240 Kuhio Ave #2108, Honolulu

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Melissa J Filek (R)
RB-24028
Hawaii Americana Realty
Phone: (808) 791-2923

Description

RARELY AVAILABLE LEGAL SHORT TERM RENTAL CORNER UNIT WITH OCEAN VIEWS & PARKING in the sought-after Royal Kuhio! This one-bedroom, one-bath, one-parking condo offers breathtaking ocean views and a Non-Conforming Use Certificate—a unique opportunity in Waikiki! Enjoy spectacular vistas of the ocean, Friday night fireworks, and the iconic Waikiki Beach sunsets from your own private lanai. The prime location places you just steps from the International Marketplace, Waikiki Beach, and the vibrant shopping, dining, and entertainment scene that Waikiki is known for. This condo is leasehold with monthly fees of $999 HOA, $407 lease rent, & $363 prop. tax. All utilities are included except electric. This unit also comes with a great investment potential—it features an assumable loan with an approximate balance of $50K at a 5.5% interest rate, and it has a non-conforming use certificate with the ability to short-term rent (daily, weekly, or monthly) for maximum income generation. Self-managed by the owners for years, this property is ready for its next chapter. Showings are based on availability between guest check ins. Owner annual income in supplements.

Recent Activity

Dec 17, 2024 Listed at $248,888

Past Sales

#1810: 1 Bd | 1 Ba @ $170K (12/16/24)
#1811: 1 Bd | 1 Ba @ $170K (11/13/24)
#2712: 1 Bd | 1 Ba @ $220K (10/31/24)
#2914: 1 Bd | 1 Ba @ $165K (10/7/24)
#1204: 1 Bd | 1 Ba @ $380K (9/17/24)
#1806: 1 Bd | 1 Ba @ $185K (8/15/24)
#2605: 1 Bd | 1 Ba @ $200K (8/1/24)
#2909: 1 Bd | 1 Ba @ $205K (7/26/24)
#3105: 1 Bd | 1 Ba @ $445K (7/10/24)
#1801: 1 Bd | 1 Ba @ $175K (7/1/24)

+Show more recently sold

#2912: 1 Bd | 1 Ba @ $213K (6/7/24)
#2708: 1 Bd | 1 Ba @ $405K (5/16/24)
#1205: 1 Bd | 1 Ba @ $152K (5/16/24)
#2409: 1 Bd | 1 Ba @ $401K (5/14/24)
#2410: 1 Bd | 1 Ba @ $182K (4/29/24)
#2106: 1 Bd | 1 Ba @ $175K (4/1/24)
#813: Studio | 1 Ba @ $103K (3/28/24)
#3605: 2 Bds | 2 Ba @ $1.18M (3/27/24)
#2811: 1 Bd | 1 Ba @ $190K (3/18/24)
#2807: 1 Bd | 1 Ba @ $177K (3/1/24)
#1404: 1 Bd | 1 Ba @ $130K (2/21/24)
#2404: 1 Bd | 1 Ba @ $130K (12/29/23)
#2703: 1 Bd | 1 Ba @ $170K (10/31/23)
#2806: 1 Bd | 1 Ba @ $170K (10/31/23)
#1803: 1 Bd | 1 Ba @ $130K (10/20/23)
#3703: 2 Bds | 2 Ba @ $225K (10/19/23)
#3112: 1 Bd | 1 Ba @ $500K (10/13/23)
#2003: 1 Bd | 1 Ba @ $130K (10/2/23)
#1611: 1 Bd | 1 Ba @ $155K (9/25/23)
#2412: 1 Bd | 1 Ba @ $440K (9/13/23)
#3406: 2 Bds | 2 Ba @ $225K (9/1/23)
#2805: 1 Bd | 1 Ba @ $168K (8/4/23)
#3405: 2 Bds | 2 Ba @ $217K (7/24/23)
#2402: 1 Bd | 1 Ba @ $146K (7/14/23)
#3306: 2 Bds | 2 Ba @ $270K (7/13/23)
#2113: 1 Bd | 1 Ba @ $148K (7/5/23)
#1213: 1 Bd | 1 Ba @ $150K (5/24/23)
#1302: 1 Bd | 1 Ba @ $132K (5/23/23)
#1209: 1 Bd | 1 Ba @ $165K (5/11/23)
#1304: 1 Bd | 1 Ba @ $138K (5/3/23)
#2112: 1 Bd | 1 Ba @ $415K (4/19/23)
#3303: 2 Bds | 2 Ba @ $270K (4/5/23)
#2013: 1 Bd | 1 Ba @ $147K (2/14/23)
#1202: 1 Bd | 1 Ba @ $130K (1/11/23)
#hidden: 1 Bd | 1 Ba @ $140K (12/23/22)
#3304: 2 Bds | 2 Ba @ $270K (10/25/22)
#2511: 1 Bd | 1 Ba @ $150K (9/21/22)
#2005: 1 Bd | 1 Ba @ $165K (9/9/22)
#1312: 1 Bd | 1 Ba @ $510K (7/25/22)
#1003: 1 Bd | 1 Ba @ $387K (5/6/22)

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More Details

Owner, Tax & Resale History
HOA Fees / ft²: $1.86
Price / ft²: $463
Other Condos Price / ft²
Cash vs Financing Buyers
HOA Fees Include: Cable TV, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
Zoning: X2 - Apartment Precinct
Flood Zone: Zone AO
View: City, Ocean, Sunset
Furnished: Full
Property Condition: Above Average,Average
Owner Occupancy: 11%
Management Company: Hawaiiana
Security Features: Key, Security Patrol, Video
Amenities: BBQ, Community Laundry, Condo Association Pool, Exercise Room, Heated Pool, Meeting Room, Patio/Deck, Pool on Property, Putting Green, Recreation Area, Resident Manager, Security Guard, Storage, Tennis Court, Trash Chute, Whirlpool
TMK: 1-2-6-20-58-190
Tax Assessed Land: $41,000
Tax Assessed Improvements: $419,900
Tax Assessed Total: $460,900
Courtesy: Hawaii Americana Realty / (808) 791-2923
MLS: 202428463

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Good to Know

Address: 2240 Kuhio Ave, Honolulu, HI 96815.
Built in 1976, 385 Units on 38 Floors, 1 - 3BR, Pets: OK (verify).
Amenities include Putting Green, Pool, Sun Deck, Fitness Room, BBQ, Game Room, Sauna, 24-Hour Security & More.
This is a Leasehold property, the lease expiring in 2041.

About Royal Kuhio
This Royal Kuhio is not a condo hotel although many would think so because there appears to be many short-term vacation rentals taking place in this building. t's a quick walk to Waikiki beach, next to a number of restaurants and nightlife options and full o .....
Read more.

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 19, 2024.Information is deemed reliable but not guaranteed.

Other Royal Kuhio Listings

Map

Leasehold

$228,000

Royal Kuhio #2012

1 Bd | 1 Ba
538 ft²

Map

Leasehold

$199,000

Royal Kuhio #3110

1 Bd | 1 Ba
436 ft²

Map

Leasehold

$298,800

Royal Kuhio #3801

3 Bds | 3 Ba
2,000 ft²

Map

Leasehold

$189,000

Royal Kuhio #2505

1 Bd | 1 Ba
538 ft²

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Other Waikiki Condos

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$223,000

Ainahau Gardens #311

Studio | 1 Ba
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$295,000

Seaside Suites #409

Studio | 1 Ba
309 ft²

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$299,000

Hawaiian Monarch #2502

Studio | 1 Ba
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$300,000

Bamboo #905

Studio | 1 Ba
240 ft²

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$310,000

Aloha Lani #2405

1 Bd | 1 Ba
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$315,000

Liliuokalani Gardens #907

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Asking Price: $248,888

Description

More Details

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 19, 2024.Information is deemed reliable but not guaranteed.

Recent Activity

Dec 17, 2024 Listed at $248,888

About Royal Kuhio

Address: 2240 Kuhio Ave, Honolulu, HI 96815.
Built in 1976, 385 Units on 38 Floors, 1 - 3BR, Pets: OK (verify).
Amenities include Putting Green, Pool, Sun Deck, Fitness Room, BBQ, Game Room, Sauna, 24-Hour Security & More.
This is a Leasehold property, the lease expiring in 2041.

Blog

Other Royal Kuhio Listings

Map

Leasehold

$228,000

Royal Kuhio #2012

1 Bd | 1 Ba
538 ft²

Map

Leasehold

$199,000

Royal Kuhio #3110

1 Bd | 1 Ba
436 ft²

Map

Leasehold

$298,800

Royal Kuhio #3801

3 Bds | 3 Ba
2,000 ft²

Map

Leasehold

$189,000

Royal Kuhio #2505

1 Bd | 1 Ba
538 ft²

You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Leasehold Expiry: 12/31/41

Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.

We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.

Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.

We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.

Other fees could be a special assessment, reserve contributions etc.

DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.

Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.

Property Taxes	$ 363 / month
Maint Fees	$ 999 / month

Total

Royal Kuhio #2108 (Waikiki)

2240 Kuhio Ave #2108, Honolulu